A Brief Introduction to the Federal Budget Process (CRS Report for Congress)
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| Release Date |
Oct. 20, 1997 |
| Report Number |
96-912 |
| Authors |
Robert Keith Government Division |
| Source Agency |
Congressional Research Service |
Summary:
Each year, the federal government raises and spends more than $1.5 trillion through its budget process. The federal budget process is widely regarded as a complex, time-consuming, and arcane set of activities often suffused with controversy, frustration, and delay. These characteristics of the process are attributable to various factors, including the vast scope and complexity of federal activities and the numerous types of financial transactions needed to fund them, the profusion of participants in the budget process and the wide dispersal of budgetary power, and the far-reaching economic and political consequences of budgetary decision making.
